Developing country forests sustain livelihoods, help to control flooding, recharge aquifers, pollinate crops, cycle nutrients, harbor biodiversity, and sequester carbon. As a result, forest loss and degradation have serious environmental and socioeconomic consequences. Decentralization and devolution of governance has arguably been the most important policy trend affecting developing countries’ forests over the past three decades. Driven by forest degradation, fiscal and administrative constraints, local community demands for participation, and external pressure from donors, dozens of countries have decentralized and/or devolved forest governance. A considerable literature examines the decentralization and devolution of forest governance in developing countries. However most of the studies in this literature use qualitative case study approaches; far fewer use rigorous impact evaluation and other quantitative methods that aim to control for the influence of confounding factors, enhance external validity, and facilitate reliable policy prescriptions.
This Special Issue aims to help fill that gap. We seek studies that use rigorous impact evaluation methods to analyze observational or experimental data. We are particularly interested in application of state-of-the science approaches such as synthetic controls, field experiments, and the creative combination of data on environmental and socioeconomic outcomes.
经济学
The North American Journal of Economics and Finance
Special Issue on "Corporate Finance and Family Business"
The objective of the Special Issue is to publish high quality, original manuscripts in all areas of economics and finance related to corporate finance and family business. Contributions can be of a theoretical, empirical, or clinical nature. Topics suitable for the Special issue include, but are not limited to, the following:
Traditional economic decision models assume that decision makers are perfectly self-interested and do not take into account the effects of their behaviours on other people. However, other-regarding preferences models have introduced the idea of interrelated utility functions, i.e. they include preferences for the payoff of others. In such models, distributive and/or reciprocal preferences play an essential role. Experimental studies in this domain focus mainly on environments in which a decision maker allocates resources between themselves and other people with or without strategic considerations (e.g. Ultimatum Games, Dictator Games, or Trust Games), that is, situations in which differences in outcomes (relative earnings) play a crucial role.
A more recent strand of the experimental literature, however, considers decision makingon behalf of other people, where a decision maker decides for another person, independent of how resources are allocated. The question of interest in these studies is whether decision makers decide differently when choosing for others than they would if choosing for themselves.
Decision making for others(DMfO) is not incorporated in traditional economic models but is an integral part of everyday decision making environments (parents, brokers, managers, policy makers). Recent experimental studies have mainly analysed behavioural differences in risky financial decisions for oneself, for another person, or for a group including the decision maker.
The results so far are somewhat mixed. Some studies find decision makers to take more risk for others while other studies find no effect or even decreased risk levels. Prominent explanations for observed treatment effects are biases in loss aversion, psychological and social distance, accountability, and responsibility alleviation.
The special issue on “Decision making for others” aims to bring together perspectives from different subfields of economics in addition to cognitive and social psychology in order to align the scattered literature on this relatively new field of research. We invite contributions that focus on experimental, empirical, and theoretical research concerning decision making for others in all fields that are relevant for Economic Psychology (e.g., financial decision making, negotiation and bargaining, consumer behaviour, tax behaviour, etc.).
Risk taking is a ubiquitous but, at the same time, controversial phenomenon in human life. In the popular mind – as The Economist recently noted – it is associated with gamblers, skydrivers and the overpaid bankers who crippled the global economy, but it is key to business success, innovation and economic growth. Risk-taking behavior differs greatly across individuals, across domains and over time: understanding its determinants is one of the key challenges for current research in Economic Psychology. While we know from twin studies that a sizeable part of this variation is genetically inherited, an extensive body of research reveals that environmental factors play an extremely important role. In recent years, a fast-growing stream of literature has been focusing on the effects oflife experienceson risk-taking behavior. Natural disasters, wars, bereavements, recessions and other experiences that become part of individual histories of those who pass through them, have been shown to be associated with substantial changes in risk taking, in some cases even several decades after their occurrence.
This special issue invites contributions that help to shed light on the underlying economic and psychological channels explaining the connection between life experiences and risk taking. Particular attention will be devoted to the link between theintensityof exposure to shocks and subsequent risk attitude, to understand whether e.g. the non-monotonic relation identified in prior work extends to different types of shocks, economic agents and risk domains. We are also open to contributions addressing new relevant questions in this field of research.
TheJournal of Economic Psychologyis an interdisciplinary platform, and we encourage contributions from researchers in economics, psychology, finance, management, and other related social sciences. We welcome empirical papers (including experimental studies) aiming to isolate psychological channels from purely economic ones (e.g., wealth effects) and to disentangle risk preferences from risk perceptions and beliefs (e.g., in the financial domain, risk preferences from beliefs about risky asset returns). Studies may deal with extreme rare shocks, as well as with multiple outcomes (in particular, both positive and negative ones). We also welcome theoretical work focusing on the links between prior outcomes and willingness to take risks.
Interested authors are also invited to contact the guest editors Peter Ayton (p.ayton@city.ac.uk), Gennaro Bernile (gbernile@bus.miami.edu), Alessandro Bucciol (alessandro.bucciol@univr.it) and Luca Zarri (luca.zarri@univr.it) to discuss the fit of various topics to the special issue.